§ 45‑36.12.  Limitationof secured creditor's liability.

A secured creditor is notliable under this Article if it:

(1) Established areasonable procedure to achieve compliance with its obligations under thisArticle;

(2) Complied with thatprocedure in good faith; and

(3) Was unable to complywith its obligations because of circumstances beyond its control. (2005‑123, s. 1.)